Realitica classifieds

Plot

Type: Land For Sale
District: Kotor
Location: Sutvara
Address: Sutvara, Kotor, Montenegro
Energy Label: Exempt
Price: €1.020.000

Description: For sale are two cadastral plots with a total land area of 2,542 m², located in Sutvara, on the main road between Budva and Tivat, just a few minutes from Radanovići. The property enjoys a strategic location with excellent road access, only a small strip of land separating it from the main road, making it an ideal investment for both residential and commercial development.
The land includes two urban planning parcels, UP550 (1,286 m²) and UP551 (1,256 m²), each with approved urban planning parameters. Both parcels have a maximum site coverage index of 0.4, a construction index of 1, and a maximum permitted building height of Ground Floor + 2 Floors (P+2).
The designated land use allows for mixed-purpose development, with commercial premises on the ground floor and residential units on the upper levels. It is possible to construct two separate buildings, each with up to four apartments, making this an excellent opportunity for developers looking to build a boutique residential and commercial complex in a rapidly developing area....